So Telecom New Zealand was forced to unbundle the local loop – without getting into that argument it was arguably a good thing to encourage investment by other telco players.
Those same telco players are now bemoaning the fact that Telecom is set to invest NZD1.4bill on a fibre network roll out in the next few years. The competitors claim that a fibre network will render irrelevant their investment in an unbundled copper network.
What do they want here? They make investment decisions in a competitive environment, what their competitors do to gain or retain a competitive advantage is beyond discussion – I don’t bemoan publicly the things my competitors do to get an edge (I might question their morals but I don’t ask for regulation to level the playing field).
The telcos should just get on with building high level products and services that shut out competition, not by virtue of their regulated environment, but by virtue of the compelling business case they present.
Disclosure – Diversity Limited is a consultant to Telecom New Zealand and its subsidiaries